4 bedroom terraced for sale

£1,550,000

4

Bedrooms

2

Bathrooms

Floorplan

FULL DETAILS This charming four-bedroom, two-bathroom period house is in a wonderfully convenient location, just moments from the peaceful green spaces of Priory Park. Situated within 0.3 miles of highly regarded primary schools Rokesly and Campsbourne and secondary schools Hornsey School for Girls and Highgate Wood.

Stepping inside, youll immediately feel the warmth and character that define this home, from the high ceilings to the lovely period fireplaces and beautiful wood floors. The ground floor offers a great flow of space, featuring two inviting reception rooms, a practical utility room, and a shower room. There is also an eat-in kitchen, which opens up with bifold doors leading out to a south-facing garden ideal for enjoying sunny afternoons or hosting gatherings with friends and family.

Upstairs, youll find four generously sized double bedrooms, each filled with natural light. The principal bedroom is especially remarkable, with a deep bay window that bathes the room in sunlight. Theres also plenty of storage and bathroom on this level.
The home holds exciting potential for future development. With the possibility to extend the ground floor and an unconverted loft space that could be transformed into an impressive principal suite (subject to the necessary consents), this house offers great opportunities to tailor it to your familys needs.

The location is as desirable as the house itself, equidistant between the vibrant Crouch End and Muswell Hill, both offering an array of independent shops, cafes, restaurants, and cinemas. Alexandra Park and Priory Park are within easy reach, as are the excellent local schools. Transport links are convenient, with Alexandra Park and Hornsey mainline stations offering quick access to Moorgate (just 20 minutes), or you can take a bus to Finsbury Park for even more connections.

Freehold
Council Tax Band F

Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1301200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 38750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 138700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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